Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Banknotes => Topic started by: Mister T on November 07, 2020, 07:48:59 AM

Title: new $100 note
Post by: Mister T on November 07, 2020, 07:48:59 AM
Anyone seen one yet? I tried four bank branches in Brisbane city yesterday and none of them had any yet.
Title: RE: new $100 note
Post by: gabby on November 08, 2020, 06:30:23 AM
I got one in the mail from Auspost shop.  

It's the next gen one in the pack.   It's DF20
Title: RE: new $100 note
Post by: Mister T on November 08, 2020, 09:34:52 PM
A friend told me they saw one in change on the Sunshine Coast.
Title: RE: new $100 note
Post by: jens coins on November 09, 2020, 08:46:30 AM
There are 2 different lots of signatures and years for the new $100 notes.

The ones for 2019 have 1900 serial numbers and are Lowe / Gaetjens signature and the 2020  2020 serial numbers have Lowe / Kennedy signatures
Title: RE: new $100 note
Post by: gweidion on November 10, 2020, 10:54:33 PM
Very surprised to see the Lowe Gaetjens ones but I shouldn't be because the Reserve Bank has been printing money gangbusters to buy government debt, and we all know how much debt the government has racked up in recent months.
When the economy catches up a loaf of bread will be a hundred bucks.
Title: RE: new $100 note
Post by: Mister T on December 11, 2020, 07:40:49 AM
Latest CAB said they weren't pushed out to branches like all the other new notes so that explains their slow appearance.
Title: RE: new $100 note
Post by: Triggersmob on December 11, 2020, 07:57:06 AM
Found my first one in Perth this week.
Title: RE: new $100 note
Post by: jens coins on December 11, 2020, 02:23:17 PM
I received $100 AA20 Lowe Kennedy notes today from the bank. Consecutive and crisp notes
Title: RE: new $100 note
Post by: gweidion on December 11, 2020, 03:56:43 PM
Should be plenty of those around but a nice pick up none the less. The EA last prefix will be worth more. Well certainly the 2019 version anyway. Selling for ridiculous money on fleabag.
Title: RE: new $100 note
Post by: redlock on December 11, 2020, 05:59:30 PM
Quote from: 'Triggersmob' pid='123944' dateline='1607635626'Found my first one in Perth this week.

Already headed to Sweden?   :grin:
Title: RE: new $100 note
Post by: Triggersmob on December 11, 2020, 08:11:01 PM
Quote from: 'redlock' pid='123953' dateline='1607671770'
Quote from: 'Triggersmob' pid='123944' dateline='1607635626'Found my first one in Perth this week.

Already headed to Sweden?   :grin:

Not yet, Ralf, but it will be. :)
Title: RE: new $100 note
Post by: Mister T on December 22, 2020, 08:56:32 PM
I got two 2019 $100 notes today - almost perfect condition.
Title: RE: new $100 note
Post by: runway on December 23, 2020, 09:29:01 PM
2019 $100 notes wow people are paying $400 for them
I personally think that's way overpriced really not too many collectors buy them
Title: RE: new $100 note
Post by: Mister T on December 24, 2020, 11:31:53 AM
Yeah not sure how many got printed but I thought there would be enough to go around.
Title: RE: new $100 note
Post by: gweidion on December 24, 2020, 08:24:12 PM
Quote from: 'Mister T' pid='124016' dateline='1608771713'Yeah not sure how many got printed but I thought there would be enough to go around.

2019 ones... a lot given 10 million per letter combination.

$100
AA 19 – EA 19
0000001
0188115
Lowe/Gaetjens

2020 significantly more I imagine.
Title: RE: new $100 note
Post by: Mister T on December 26, 2020, 07:59:08 AM
Okay that looks like just shy of 10 million notes.
$100 notes don't generally come to much grief either.
Title: RE: new $100 note
Post by: gweidion on December 28, 2020, 02:58:00 PM
As I read that there are 188115 per serial combination.  

They go to K as far as I can see. AA - AK, BA - BK etc. 11 sets of 188115 times 4 plus EA. So about 8395175 or 839 million dollars or there abouts.
Title: RE: new $100 note
Post by: notcb on December 31, 2020, 11:14:05 AM
If you set a figure of 100,000 notes or less as being an indication of rarity (and hence a premium to face value) then there has been very few Australian Banknote issues over the last 27 years that meet the criteria.

$50 GB12    99,000,    $100 EL11  70,000,    $100  EL10   58,000,    $50 MD08   50,000,   $5 KC05  90,000,   $50  JC98   40,000,  and $5 DN97  10,000   

Of course some other issues have had their rarity increased by strange occurrences  $50 VG95,  $20 DA95,  $50 JC97   $100 CF98   all of which had much more than 100,000 printed.

With the change to 10,000,000 notes per series commencing from 2016 onwards with the $5 notes, the chances of limited issues for first and last prefixes has reduced markedly, only caused by possible signature changes.

One can only speculate as to why NPA changed from 1,000,000 to 10,000,000.

Cheers

Peter (notcb)
Title: RE: new $100 note
Post by: Mister T on January 01, 2021, 06:36:38 AM
The first $50 run in 1995 got to VG - maybe they thought that 20 years later they might run out of prefixes?
Title: RE: new $100 note
Post by: gweidion on January 01, 2021, 10:16:21 AM
Quote from: 'notcb' pid='124053' dateline='1609375445'With the change to 10,000,000 notes per series commencing from 2016 onwards with the $5 notes, the chances of limited issues for first and last prefixes has reduced markedly, only caused by possible signature changes.

One can only speculate as to why NPA changed from 1,000,000 to 10,000,000.

Got to have loads of capacity to print money to buy debt. 

As we all know most money is worthless, the only value being the generally accepted promise to pay. I'm still an advocate for having money with a value.
Pigs, tins of tuna or sardines, silver and gold to a lesser extent.
You should make use of every opportunity to use your cash so they don't remove it entirely.
Title: RE: new $100 note
Post by: notcb on January 01, 2021, 02:59:50 PM
Quote from: 'Mister T' pid='124055' dateline='1609445198'The first $50 run in 1995 got to VG - maybe they thought that 20 years later they might run out of prefixes?

There were approximately 380,000 VG95  $50 notes printed, which is a significant number in the wild.    One possible reason for the difficulty of finding good quality VG95 notes might be that this was the note of choice for dispensing from ATMs in 1995 - maybe coincidentally the VG95 bundles went to high output ATMs such as large shopping centres.

The same used to occur with the old 5 pound note from the 1950's.   Most people were paid with 5 pound notes which would be need to be broken, whereas payment in 10 pound notes was quite rare.  So good quality 5 pound notes are extremely rare.  

Cheers

Peter (notcb)
Title: RE: new $100 note
Post by: Mister T on October 09, 2021, 07:52:53 AM
I got to look through some $100 notes during the week and saw some 2020 issues, as well as some 2019 issues (both common).
I also found an AV 96.
Interesting that there was at least one from each year except 1998.